Bhagat Automotive Private Limited

Authorized dealer of luxury vehicles, offering new and pre-owned cars, spare parts, and accessories.

2013 | Patiala, Punjab (India) | Active
Last Updated: January 06, 2025

Bhagat Automotive Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.81 Cr
  • Company Age 11 Year, 5 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 69.10 Cr
  • Revenue Growth -58.40%
  • Profit Growth -1131.09%
  • Ebitda -97.23%
  • Net Worth -240.21%
  • Total Assets -56.92%

About Bhagat Automotive

Bhagat Automotive Private Limited (BAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 2013 and has a history of 11 years and five months. Its registered office is in Patiala, Punjab, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 10.81 Cr.

The company currently has active open charges totaling ₹69.10 Cr.

Bhupinder Kaur, Raj Singh, Ankush Marwaha, and One other member serve as directors at the Company.

Company Details

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50300PB2013PTC037840

  • Company No.

    037840

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 2013

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

What products or services does Bhagat Automotive Private Limited offer?

Bhagat Automotive Private Limited offers a wide range of products and services, including Motorcycles and Cars, Cars.

Who are the key members and board of directors at Bhagat Automotive?

Executive Team (1)

Name Designation Appointment Date Status
Raj Singh Country flag representing In Managing Director 16-Aug-2013 Current

Board Members (3)

Name Designation Appointment Date Status
Bhupinder Kaur Country flag representing In Director 16-Aug-2013 Current
Ankush Marwaha Country flag representing In Director 27-Mar-2019 Current
Chander Sheikhar Country flag representing In Director 27-Mar-2019 Current

Financial Performance of Bhagat Automotive.

Bhagat Automotive Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 58.4% decrease. The company also saw a substantial fall in profitability, with a 1131.09% decrease in profit. The company's net worth observed a substantial decline by a decrease of 240.21%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-58.40%
Revenue from Operations
-56.04%
Total Assets
-56.92%
Profit or Loss
-1131.09%
Net Worth
-240.21%
EBITDA
-97.23%

What is the Ownership and Shareholding Structure of Bhagat Automotive?

In 2021, Bhagat Automotive had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹69.10 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 56.10 Cr
  • Kotak Mahindra Prime Limited : 9.00 Cr
  • Kotak Mahindra Bank Limited : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
31 Jul 2018 Others ₹15.00 Cr Open
30 Sep 2015 Kotak Mahindra Bank Limited ₹4.00 Cr Open
25 Apr 2014 Kotak Mahindra Prime Limited ₹9.00 Cr Open
02 Apr 2014 Others ₹41.10 Cr Open

How Many Employees Work at Bhagat Automotive?

Bhagat Automotive has a workforce of 3 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhagat Automotive, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bhagat Automotive's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Bhagat Automotive

Recent activity within the organization

  • Annual General Meeting

    Bhagat Automotive Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Bhagat Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.

    31 Mar 2021

  • Director Appointment

    Ankush Marwaha was appointed as a Director was appointed as a Director on 27 Mar 2019 & has been associated with this company since 5 years 10 months .

    27 Mar 2019

  • Director Appointment

    Chander Sheikhar was appointed as a Director was appointed as a Director on 27 Mar 2019 & has been associated with this company since 5 years 10 months .

    27 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100210727 was registered on 31 Jul 2018.

    31 Jul 2018

  • Charges

    A charge with Others of Rs. 41.10 Cr registered on 02 Apr 2014 with Charge ID 10493392 was modified on 14 Apr 2016.

    14 Apr 2016

Frequently asked questions

  • Bhagat Automotive Private Limited was incorporated on 16 Aug 2013.

  • The authorized share capital of Bhagat Automotive Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.81 Cr.

  • Currently 4 directors are associated with Bhagat Automotive Private Limited.

    • Bhupinder Kaur
    • Raj Naresh Singh
    • Ankush Marwaha
    • Chander Sheikhar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagat Automotive Private Limited is 1, Dr Jagdish Singh Marg India, Patiala, Punjab, 147001.

  • The corporate identification number (CIN) of Bhagat Automotive Private Limited is U50300PB2013PTC037840 and the company number is 037840 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhagat Automotive Private Limited is https://www.bhagatgroup.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Bhagat Automotive Private Limited has fallen by -58.40%.

  • As Per 2021 financial reports, 3 employees are currently employed by Bhagat Automotive Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Bhagat Automotive Private Limited has experienced an downturn of -240.21%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Bhagat Automotive Private Limited amount to ₹ 69.10 Cr.

  • The most recent Balance Sheet for Bhagat Automotive Private Limited was filed with the ROC on 31 Mar 2021.

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